Accumulated Revenue definition

Accumulated Revenue means the actual accumulated Relevant Revenues received by the Relevant Businesses (together the “Relevant Businesses”) for each of the Installment Periods in accordance with US GAAP provided always that Relevant Revenue associated with the sale, license or maintenance of hardware shall not account for more than 5% of the total Relevant Revenues for the Relevant Businesses for any Installment Period. In the event that more than 5% of the total Relevant Revenue for the Relevant Businesses for any Installment Period is derived from sale, license or maintenance of hardware, such excess revenue shall be excluded from the calculation of Accumulated Revenue for that Installment Period. Further, all customer returns and credits issued by the Relevant Businesses shall be deducted from the calculation of Accumulated Revenue in the same Installment Period as the corresponding revenue.
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Accumulated Revenue means the actual accumulated revenue of Company for each of the First Installment Period, the Second Installment Period and the Third Installment Period calculated in accordance with US GAAP provided always that any Accumulated Revenue associated with the sale, license or maintenance of hardware shall not account for more than 5% of the total actual consolidated revenue for the Company for any Installment Period. In the event that more than 5% of the total actual consolidated revenue for the Company for any Installment Period is derived from sale, license or maintenance of hardware, such excess revenue shall be excluded from the calculation of Accumulated Revenue for that Installment Period. Further, all customer returns and credits issued by the Company shall be deducted from the calculation of Accumulated Revenue in the same Installment Period as the corresponding revenue was included. Accumulated Revenue for any Installment Period shall include any and all sales of the Respond Product generated worldwide by Affiliates of CDC during such Installment Period.
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Examples of Accumulated Revenue in a sentence

  • Means of Financing for Capitalization, Working capital & Accumulated Revenue Gap through: (a) Equity (b) Debt (c) Consumer Contribution (d) Grant etc.

  • Ivan i Lili bjaxa nevnimatelni /*beše nevnimatelen /Ivan and Lily were inattentivePL*beše nevnimatelna.*was inattentiveFEMSG‘Ivan and Lily were inattentive.’was inattentiveMASCSG/5The extraction of na kakvo out of da otide in (13) is possible, not because the infinitival VP is not in Spec,TP (as suggested by a reviewer of this paper), but rather because the subject is not itself a DP.

  • The entry level for the LLB programme is C1-level in the Common European Framework of Reference (CEFR).

  • The RDDA held Annual Revenue Deficiencies through 2002, and thereafter the Commission was directed by the Special Direction to set rates so as to permit the recovery of the Accumulated Revenue Deficiency in the RDDA over the shortest period reasonably possible, having regard to the competitive position of FEVI‟s rates relative to alternative energy sources and the desirability of reasonable rates for customers.

  • Other RRQ Impacts Resulting from Taking Bonus Depreciation 61 Manufacturer's Tax Deduction Adjustment2100Elec Gen L6162 Working Cash Adjustment2110(4)Working Cash*Pre-tax Cost of Captial (Attachment 8)63 ITCC Adjustment 9 12 14 Elec Dist L63 + Gas Dist L636467 Accumulated Revenue Requirements 2 (85) (208) ACC(L66)No.Description2010 2011 2012 2013 Source 1 A.

  • In the report for 2009/2010, it was stated that the balance of Accumulated Revenue Reserve for 2007/2008 had been understated by an amount of Kshs.1,759,541.20, which had not been explained.

  • Furthermore, NGT is a process which requires a small amount of time and allows direct themes to be generated.

  • The global financial crisis (GFC) has had little impact on this rapid growth.Compared with members of other types of superannuation funds, SMSF members tend to be older, have larger superannuation balances and are more involved in the management and investment decisions.

  • No EU action Table 3.6. Comparison of the options for QPS: yearly impacts The proposed option will lower direct costs on industry and also administrative costs for both industry and Member States.

Related to Accumulated Revenue

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Estimated revenue means the amount of revenue estimated to be received from all sources during the budget year in each fund for which a budget is being prepared.

  • Consolidated Revenues means, with reference to any period, total revenues of the Company and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.

  • Accumulated leave means the period of time that is accumulated under the Plan as leave during a work period.

  • Accumulated contributions means the sum of all

  • Expenditure minimum means:

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Ineligible Expenditures means the costs that are ineligible for payment under the terms and conditions of the Agreement, and that are described in Schedule “E” (Eligible Expenditures and Ineligible Expenditures).

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • Cash Reserve means (i) at any time after the occurrence and during the continuation of a Level One Trigger, [*] of the aggregate Investment at such time and (ii) at any other time, an amount equal to 1% of the aggregate Investment at such time.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Eligible revenue means the property tax increment and any

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Gross Revenue means:

  • Eligible Expenditure means expenditure in relation to this Project that complies in all respects with the Eligibility Rules.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Accumulation Period has the meaning set forth in the Indenture Supplement.